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, these trends are bad for our economy. one study finds that growth is more fragile and recession is more frequent in countries with greater inequality. .hat makes sense when families have less to spend, businesses have fewer customers. households rack up greater mortgage and credit card debt. topentrated wealth at the will not result in broadly based consumer spending that drives our economy and with less regulation, it may contribute to risky speculative bubbles. rising inequality and declining mobility are bad for families and social cohesion. not just because we tend to trust our institutions us, but studies show we actually tend to test -- trust each other less. host: that was the president yesterday talking about income inequality. toare turning to all of you get your stories. are you able to move up the economic ladder? we have the lines divided by age. start calling us now. you can put your comments on facebook or tweet us as well. a response from house speaker john boehner's spokesman. they promote government reliance rather than economic mobility. what are your thoughts on this?
for the goods in china and other nations. the cap the world's economy humming. it may not work that way anymore . a rebounding u.s. is giving less support for you -- for global growth than it has in the past. the smallest u.s. current account deficits since 1999 shows the trend and the discovery of new domestic sources of oil and gas, it reinforces this issue. the country is spending less on imported energy." you can read the full story on bloomberg's website. the front page of "the pittsburgh post-gazette" -- a look at some of the victims from one year ago and a story that will likely get a lot of attention in the week ahead. this is from "the detroit free press" -- you can get more information by logging on to freep.com. next is robert from massachusetts. decline andre in the reason is because we, as a viewed -- when the world our opinion not to go to war, we would not go with our allies. we are ia country that has of thed because one world sees our moral fabric has declined, that is a decline any way. when bush stole the election world looked the --it is not a has way we go about the world.
, subsequent roads, transit and water investments helped fuel our economy and tie the nation together. more recently, the failure to address long-term funding has also been bipartisan. the bush administration ignored strong recommendations from their own private sector experts that they impaneled to give advice. although the obama administration did request and employ some modest funding in the recovery act and has proposed an infrastructure bank and talked extensively and i think sincerely about the need for investment, what has been lacking has been a specific concrete proposal from either party to address infrastructure financing in america. while the political maneuvering has secured here in washington, the gap in the highway trust fund has been growing and conditions of our roads, bridges and transit systems have been deteriorating. this puts america at a competitive disadvantage, complicates the movement of goods and people and contributes to congestion and pollution. at the same time, the needs grow, the resources are in significant decline. the gas tax has not been increased since t
. >> good-bye from us. >> thanks for watching. c"cnn newsroom" starts now. >>> right now the economy's growing but stocks are sinking. we'll tell you why. also, right now fast food workers are sending a message, minimum wage is not enough to live on. walking off their jobs. goal is to double their pay. and right now, the killing of an american in benghazi, libya. it's being investigated, reportedly a school teacher and he's described as someone who is, quote, sweet to everyone. -- captions by vitac -- www.vitac.com >>> hello, i'm wolf blitzer in washington. first up, the health of the u.s. economy and your 401(k), a key checkup shows the economy growing at a quicker pace than expected. you'd that that would send stocks soaring but that's not necessarily the case. zain asher joining us from the new york stock exchange. start with the key economic report that came out today. how much growth are we talking about? >> reporter: third quarter gdp coming in at 3.6%. certainly a good headline number and the biggest growth we've seen since the first quarter of 2012. part of the reason for thi
difficult to forecast exactly one that is going to be. in part because the economy is -- it is a little bit more strong. as a result that extends the time in which the treasury -- atment can do things some point congress is going to have to do that. i suppose the earliest it could possibly be is february. it is much more likely that it is sometime in spring or the beginning of the summer. then you are going to get the debate over -- we should look at tax hikes, changes in entitlement. it is hard to see how they are going to get any agreement on those areas. particularly in election year. the house is expected to adjourn for the year on friday and the senate shortly after. a lot of high-profile legislation still hanging in the balance. it is the list of what is likely to make it through the 113th congress. i think the only thing that is likely to get through is the defense authorization act. will see what gets included. one thing we will be watching is to see whether any legislation sanctioning iran is added to that bill. the administration is doing everything it can to prevent congress from
of today's opinion pages of "the wall street journal:." again, your thoughts on the economy, especially in light of these new numbers, with the federal unemployment rate at seven percent. in.ere is how you can call we divided the lines differently. if you are under 30 -- it is discussions about the economy that takeover the papers today, especially in light of these new numbers. here is the editorial page of "the new york times." they have a different take -- we start this morning in jacksonville florida. angel is up. good morning, what do you think about the economy in light of these current numbers? good morning. first of all, thank you so much for taking my call. go ahead, you're on. caller: there is still a selection process that is very difficult for many people. thethe reason is simple, young people are being selected -- the selection very picky.ery, degrees and i can't find a job in jacksonville, florida. some cities are picking up quickly, some aren't. keep are you going to looking for work or have you given up? caller: i will keep looking. fairs, i apply for work every day. i s
, good news about the economy, two brand new snapshots of the u.s. economy, both striking ones. the gdp, the gross domestic product shot up 3.6% in the third quarter and a second report is showing the best private sector jobs growth all year. zain asher will join us had ffrw york in a minute. probably means the friday jobs market numbers will be very good. those numbers come out tomorrow. >>> the fight to close that wage gap heats up today, in just about two hours thousands of fast food workers are expected to protest in 100 cities across the country, from new york city to new orleans, to oakland, trying to pressure employers into paying a livable wage of $15 an hour. now they've got a powerful ally on their side, president obama. >> we know that we're going to have a greater and greater portion of our people in the service sector and we know that there are airport workers and fast food workers and nurse assistants and retail sales people who work their tails off and are still living at or barely above poverty. that's why it's well past the time to raise a minimum wage. >> but the messa
, it will harm the economy. unemployment insurance is one of the most effective way there is to boost the economy. when more people spend money on basic necessities, it means more customers and more jobs. the evidence shows that unemployment does not stop people from trying to hard work -- stop work -- trying hard to find work. if we stopted that it now it will be a drag on the economy next year. another estimate thinks it can cost businesses to wondered 40,000 jobs. without the ability to feed their families or pay bills, many people currently looking looking forld stop good. extending unemployment insurance is not just the right thing to do for our families, it is the smart thing to do for our economy. it should not be a partisan issue. for decades, congress has offered to vote for relief for job seekers. now that economic lifeline is in jeopardy all because republicans in the congress, which is on track to be the most unproductive in history, has so far refused to extend it. in this holiday season, let's give our fellow americans were desperately looking for work the help they need to keep on
had to say. >> shut down everybody government.in but let's go to the state of the union. economy continuing to strengthen. no washington shutdowns. i think the president will people's d the confidence will recover. we need to push congress to do immigration, to do smart things to help the economy. the american people are sitting at home talking about all of the issues which is most important to me. job and my -- my income. and that's what washington needs to focus on. are merican people screaming at us. focus for us what's important to us. plouffe there writes -- paints a bright picture on the in zon for the white house terms of how things could go. how do you see that? >> the president said this is in hands. we can try to turn this around as david said about is health working. are people getting insurance? are insurance companies saying yes? right data.g the and, yeah, there are -- there not in that maybe short of term where the -- where the country starts saying, okay, bumpy start. but it's getting better. the economy is improving. at the same time, you -- you have a series of
. this economy wants to take off and things want to grow. we want to rebuild our manufacturing base. to my mind it's not just the minimum wage, that's part of it. we can't for get those who have been left behind. we have this very dangerous thing called structural unemployment in this country. i don't think we've seen this since the great depression. it's the mcdonald's versus apples. companies require fewer people and investors are doing better and private equity firms are doing better but leaving in its wake people who aren't trained for the economy and have nowhere to go. that's the reality of where we are and the economy will proceed more in this direction as opposed to the mcdonald's side. >> that's what's scary in the jobs we have now, our largely service jobs and largely low wage majority of the groupz created out of the recession are low wage service jobs. does that responsibility to push the wage up, does that fall just to the states and federal level or do you think corporations themselves have a responsibility to their workers to provide a living wage? >> of course corporations ought
the transition to a new economy, where the federal reserve is not playing that much of a role, can happen. that's what bernanke told us what could happen. it would be amazing as a swan song if it does happen >>> speaking of the fed, front page of the business sentence, the first sentence of ben apple balm's fed piece. federal reserve officials are in no hurry to retreat. >> we're in a weird moment here. when i looked at the pan aklee of knees, not a lot of bad. not a lot of land mines. >> we had this conversation and promptly went down for a few days. >> true but the difference might be that the news flow is very positive this morning. it is indicative of the year. sisco buys a company, u.s. air. no one is thinking they will do that. here is a stock that's been stuck at 33. >> the other one is stuck, period. >> then, we have gilead and this is like apple with china mobile. this is the moment in time that people think, that's new. they create reasons to buy stocks. i was on the phone with somebody who was very big in p.c.s. this has really accelerated. >> p.c.s? >> yes. that's the reasoning behi
a floundering economy. there is one area that can help break the logjam, not solve all our problems, certainly, but help us significantly along the way. congress should address the critical needs of our nation's infrastructure deficit. roads, bridges, transit systems are all increasingly at risk. we are facing an inadequate state of repair, construction of new facilities are on hold and we are losing ground in meeting our own needs, let alone the challenges of global competition. yet, this challenge is an opportunity for some potential progress. we know what to do to meet this challenge. we can write a new transportation bill that will meet today's needs. it just needs more money. there is a vast coalition that supports additional resources for infrastructure. the so-called special interests that are so often at odds are remarkably aligned when it comes time to recognize and fix this problem. business, labor, professional groups, local government, environmentalists, truckers, bicyclists all agree. the paralysis that surrounds questions of raising taxes does not necessarily need to apply in thi
by just 165 votes. today president obama is heading in to talk about the economy. here's a look at the arts and recreation campus. he will be speaking a few minutes from now. we don't expect him to make specific announcements, but he will urge congress to pass a budget and extend unemployment by the end of the year. three house committees are holding hearings that focus on the affordable care act's roll out. republicans in the committee say issues with healthcare.gov prove they can't handle undertakings. democrats disagree with that. >> we have before us an example of something that may be too big to swallow even for the u.s. federal government. >> our country's experience with social security in 1935, medicare in 1965 and a prescription drug program in 2005 democrats the government is capable of overcoming the initial problems with the implementation. >> president obama insists the program is working well. he spoke in front of people who said have benefitted from the new law and works well for the ma jorit of users. as you heard, republicans remain skeptical and you are hearing
overhaul and to the nation's economy. >> he returned to the team from his campaigns, reducing income inequality starting with they change in the minimum wage. rebecca cooper is outside the arc where the president laid his plans. >> it is the townhall education arts and recreation campus built here in anacostia. the president deliberately chose to come here today to talk about the growing problem of income inequality in the united states. calling on congress to raise the minimum wage, the president said it is time to reduce the gap between rich and poor recently cited by the pope. >> this increasing inequality is most pronounced in our country. it challenges the very essence of who we are as a people. >> he has asked congress to boost the minimum wage to closer to $10 an hour. the d.c. changer -- d.c. chamber of congress -- d.c. chamber of commerce has backed a boost and says it puts ecm maryland at a distinct this advantage, competing with the commonwealth for new jobs. >> until the state of virginia does something, it makes us not competitive. what we have just done is guaranteed em
with stakeholders from all areas of our economy and with the administration and the courts to ensure an open, deliberative thoughtful process, we held several hearings and issued two public discussion drafts in may and september of this year which led to the formal introduction of the innovation act in october. i believe that it takes the necessary steps to address abusive patent litigation. abusive patent litigation is a drag on our economy. everyone from independent inventors to startups to mid and large-sized businesses face this constant threat. the tens of billions of dollars spent on settlements and litigation expenses associated with abusive patent suits represent truly wasted capital. wasted capital that could have been used to create new jobs, fund r&d and create new innovations and technologies that promote the progress of science and useful arts. and that's what innovation is really about, isn't it? if you're able to create something, invent something new and unique, then you should be allowed to sell your product, grow your business, hire more workers and live the american dream.
'll be right back. as your life changes, fidelity is there for your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. where their electricity comes from. they flip the switch-- and the light comes on. it's our job to make sure that it does. using natural gas this power plant can produce enough energy for about 600,000 homes. generating electricity that's cleaner and reliable, with fewer emissions-- it matters. ♪ >>> okay. live look at capitol hill as the sun has yet to come up. here with us director of the earth institute, economist jeffrey sachs. we have sacks and rattner. >> heck of a "new york times" article, obviously the sort of things you've been talking about for so long. >> everyone is talking about them now. you know, we went for so long without discussing these realities now. everyone is opening their eyes. an
care debate is over, that we've got to make this work. the real issue is going to be the economy. the average wages of working americans declined in the past ten years, how do rewe restore growth in the pocket books not just in the stock market for the american people? we've got to lean in on that and start addressing the concerns of parents trying to send their kids to college, get them jobs. retirement security, these are things that have been put on the side and it's really a discredit that congress is focusing on middle class concerns. >> congressman, to that point, we're seeing a rising movement across the country in support of raising the minimum wage, something that republicans and congress seem to have no interest in doing. but are you hearing from constituents that that's a concern to them? do you think ultimately we could see enough pressure brought to bear that even republicans in congress admit that we need to raise the minimum wage that it would be good for the economy and lift a lot of people out of poverty? >> absolutely. when you see the stories about food service
and federal government helping the economy? we'll have no-spin analysis of the president's statement. ♪ >>> 'tis the season to be jolly, but not for some atheists. a huge billboard in new york city's times square attacking americans who believe, but why? >> sit down and shut up, you idiot, and let me answer the question, and if you don't like it, stop acting like an idiot. >> and "gq" magazine with christie. >> we are a family, so we're going to deal with this as a family. >>> caution, you are about to enter the no-spin zone. "the factor" begins right now. >>> hi. i'm bill o'reilly! thanks for watching us tonight. is the federal government hurting or helping working americans? that is the subject of this evening's talking points memo. even though there was good economic news today, which lou dobbs will analyze shortly, the key indicator of economic strength in america, wages, remains flat. this year, the average hourly wage in this country has increased by just 2%. many economists believe because there aae not enough jobs, workers have to take less pay. seems to make sense. preside
the economy is still weak and i think we can accomplish that the next couple of days. >> congressman chris van hollen says he puts the chances of a deal at 50-50 and that any cuts to federal employees' pensions would be a deal breaker, at least for him. >> you cannot be asking federal employees to bear the share of the burden that they're asking for here as part of an agreement when you're not asking, for example, agribusinesses that get huge taxpayer subsidies to have a contribution. >> of course he has a slew of federal employees in his district. joining me now dnc congresswoman debbie wasserman schultz of florida. thanks for being here. now, the "washington post" quotes the head of a bipartisan think tank that this could be declared a victory is an indicator of how low the process has sunk. they haven't really done anything except avoid another crisis. and so i guess for me is are we just doing another version of kicking the can down the road or is there some sort of potential detente between the two parties when it comes to the budget? >> it doesn't appear there's going to be some sort of
the economy. american people are talking about all these issues except what is important to me, my job and income. that is what washington needs to focus on. american people are screaming, focus on what is important to us. >> they paint a bright picture on the horizon for the white house in terms of how things could go. how do you see that? >> we can try to turn this around, is working, are people getting insurance, are people saying yes? there are scenarios where the country starts saying, ok, it was a bumpy start but it will get better. the economy is improving. at the same time, you have a series of fiscal debates coming up between the president and congress and those have not gone well. the president and his team see those as opportunities again to sharpen the difference between what he is trying to do for the country and what republicans and their words are impeding. that may be an opportunity for obama to retain some approval ratings, perception of competence among the public there it it is a rosy scenario and there is a lot between now and then that has to get fixed. the white h
to their own god-given potential. it is because we know that when women and girls participate in economies, economic growth is greater than it would be without them. where women and girls are given a chance to be educated and to get the health care that they deserve to have, we know that society benefits. where women and girls can participate in peacemaking and peace building as full members of society in trying to resolve conflicts, we know that resolution is more likely to be sustained. it is a great honor for me to have this award, but it is just a reminder of how much more we have yet ahead of us to accomplish. we have to make sure that tom's dreams, tom's life, the examples of the award recipients with us and those unable to come like the dalai lama and elie wiesel bring out each of us our own commitments to what we will do to further the cause of human rights, universal human rights, for every man, woman, boy and girl in the world. it is what tom would expect us to do to hold high his ideals. by accepting this award and by accepting this award and knowing that tom would not let me of
. caller: good morning. host: you are on, go ahead. said, theye he just .ay and could boost the economy so i agree. but at the same time it is not for sure that this is what they are going to do. promises, promises. what they're going to do, what they could do, how but given the -- they try to schedule trips to out-of-state. we want to go and explore the regions outside planet earth. we overhear her -- overhear hurting. you know, but i mean -- the i'm going to say it like this. more tightening up. alright. what the heck? twitter --f web talksat's on the about a concert that used drones to deliver beer. it says -- dominoes even floated the idea of testing pizza delivery. it says -- most of the responses to this amazon ising that thinking about a drones system that would deliver packages of a certain weight in about 30 minutes. you saw video of that, which sparked some of the reaction, even to the point of legislators. we want to get your thoughts on commercial uses of drones in the united states, if you would support or oppose that. on your screen. lauren is on our for those that supported.
of shared investment in education, investments in infrastructure, and trying to figure out an economy that works for all i think is important. take tomorrow, fast food workers. 100 places where fast food workers are going to be staging strikes. and who are the fast food workers now? is no longer 18-, 19-, 20- year-old kid trying to get into college, or in college and doing this is a job. when you go to mcdonald's, when you go to walmart, you are seeing people in their 60s and 70s. this is wrong. and so i think there is a sense -- we will see. so, but, in terms of my belly wake, public education, on december 9 there will be over 60 events, 60 cities, counties, towns, and more coming every day, of parents, community groups, clergy, are union how toions talking about do bottom up reform, solution reform, community-based reform that actually helps kids be more successful than schools. so we are seeing this community work and this bottom-up organizing in public education, as well as in economic issues. job issues. >> mr. sellwood. >> you mentioned that we should not have a race to the bott
. >> when we look at the polls, we still see that people care much more about jobs, the economy and domestic issues than any foreign policy issues. the current climate is still such that people aren't really worried about what is happening in iran as much as their backyard. >> quickly, joe biden is going on an asian tour at a time when things are really critical with china and japan. >> you will be landing in tokyo to remind his friends in asia, china, japan, south korea that they aren't being neglected. stays calmerything over there. >> thank you. >> tonight's game has wrapped up at fedex field between the redskins and the giants. it came down to the wire and sadly, the redskins continued their losing streak. britt mchenry with the details. >> it has been a tough one. depressing for washington fans than the actual game tonight has to be this spot. sorry, guys. projected difficulty of the schedule, the skins are projected to have the second overall pick in next year's trapped. wait for it, it goes to st. louis for that rg iii pick trade. write down the field, alfred , 7-0 skins and they are
and they had the country running very smoothly. they stimulated the economy. all the mechanics of everything was working really well. i do think it is a republican or democrat issue, left or right, what is going on now, i think we have a lot of good democrats like menendez and darrell issa, i think is a good democrat. he is a republican from california. i think we need to get the country back in control of the west coast. they do a better job than the east coast. i think the north carolina is doing a real good job. i wonder what number his position is going to be. will he go down as a worst president ever? i don't see him in the top 10 or top 20 or top 50. i'm sure he is a good man. he has a tough job to do. he wakes up like everybody else does, puts his pant legs on one leg at a time. it is a tough job. he is talking about trey gowdy from north carolina. on was talking about the president's job and how he might rank historically. the real clear politics average of different polls out there on job approval currently has obama as a 40.1% approval rate, a disapproval rate of 55.6%. that is an
technologies and jobs... and strengthen the economy. america is the world's leader in wireless. let's keep it that way. free up licensed spectrum today, so wireless... can do more for america tomorrow. >> and now, the toyota sports desk. a welcome tonight. ohio state and a lack of emotion. inconsistency. there are 63-pointers. six three-pointers. a big time jammer. ohio state spanks maryland. 76-60. eddie jordan and rockers in town. there are five guys in double figures. rutgers. they go to 71 of three on george there are two timeouts. three seconds left on the clock. 3, 2, 1. ballgame. see you. let me take you to virginia. .3% shooting playerts and the only who was in double figures it was for virginia. .yan zimmerman and cal ripken i'llas ryan's board would -- boyhood idol. they also talked about the right-hander. win and goeady to deep in the playoffs. you have to have pitching. four, it gives you a lot of depth. maryland women. eighth-ranked maryland has never big 10 challenge. the men cannot say that. >> this next story cannot wait. you will love this. and oklahoma new station -- news
the continued poverty, deprivation, suffering. as your life changes, fidelity is there for your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. ...are the hands that do good things for the whole community: the environment, seniors, kids, and animals. that's why we created the share the love event. by the end of this year, the total donated by subaru could reach 35 million dollars. you get a great deal on a new subaru. we'll donate 250 dollars to a choice of charities that benefit your community. it feels good to be a helping hand. ♪ [ male announcer ] laura's heart attack didn't come with a warning. today her doctor has her on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack, be sure to talk to your doctor before you begin an aspirin regimen. if you've had a heart attack, be sure
is there r your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. medicare open enrollment. of year again. time to compare plans and costs. you don't have to make changes. buit never hurts to see if u can find bettoverage, save money, or both. and check out the preventive benefits you get after the health care la open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare >>> well, an oakland man says that he is the latest victim of the knockout game. anthony lindsey was attacked while he was riding a transit bus. it is on the record as reported these violent knockout attacks like this have been happening around the country. people randomly sucker-punched as they walk down the street. and now, this man from oakland tells us why he thinks he's a knockout victim. >> it was clear that since h
for the economy and washington in general. take a listen to what two lawmakers had to say earlier today. >> keep the budget caps in place, not raise taxes, which is important during this weak economy, and actually avoid a government shutdown. so i'm hopeful that even by the end of this week we'll be able to come together and achieve that. >> i certainly hope as part of it that the negotiators will take to heart what the president had to say. there are working families across america that are struggling. there are unemployed families who need a helping hand. we've got to protect and preserve the safety net in america and give these working families a fighting chance. >> so alex, of course there you have republican rob portman, democrat dick durbin. and you heard senator durbin talking about unemployment insurance. that is still the main sticking point. democrats, the president want unemployment insurance extended for 1.3 million americans. that's expected to expire at the end of the year. they say if that's not continued, it would be bad for those workers and also bad for the economy. republicans
economy. >> translator: i want a new government that listens to the people and doesn't treat us like animals. >> translator: we are here to fight for our rights so that our kids are brought up in a good country without corruption where everything is fair. >> reporter: the crisis is reaching a crucial moment. the president believes he can survive with moscow's help. the protesters say they are ready for a long fight to the achieve their aims. tim friend, al jazeera, kiev. >>> moving to asia, a move that has increased the political crisis in thailand. members of that current tree's main opposition party resigned from parliament today. they called the current government illegitimate and are refusing to work with the prime minister. five people have been killed since massive protests began last month. demonstrators want the prime minister to step down. in egypt, police used tear glass to clear a crowd of protesters at as islamic university in cairo. they say students threw rocks at officers and were trying to block traffic at a major thoroughfare. they were supporters of morsi, four se
understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you can fill that box and pay one flat rate. how naughty was he? oh boy... [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. >>> welcome back to "hardball." if conservatives like senator rand paul get their way, unemployment assistance will be cut to as many as 1.3 million americans at the end of this month. merry christmas to them. the program that provides benefits is set to expire at the end of this year. there's little appetite from the right to extend it. here was rand pal yesterday explaining what his problem is with the program. >> i do support unemployment benefits for the 26 weeks that they're paid for. if you extend it beyond that, you do a disservice to these workers. there's a study that came out a few months ago,
the spending caps in place, that we don't raise taxes at a time when the economy is still weak and i think we can accomplish that over the next couple of days. >> let's go over what's on the table. cuts to federal pensions, military pensions, airline security fee hikes, unemployment and selling more of the broadcast spectrum. even those things aren't flying with some democrats, particularly the cuts to pensions already. what are the chances, ron, that any one of those things could derail a deal? >> well, i think there's a chance that just about anything in this town could derail any deal. i think the fact that we're -- you know, you're even asking if this can be considered a deal or success just shows you how pitiful this city has gotten right now. this is outrageous that the best they're going to be able to do is a stopgap measure that punts the problems down the road. i know one thing for sure, they're all going on vacation on friday. meanwhile the debt won't be taken care of. meanwhile they probably have raised taxes on us through our airline fees, that's a tax increase. they probably will
government shutdown and do keep the spending caps in place and don't raise taxes at a time when the economy is still weak and i think we can accomplish that over the next couple days. >> one issue still being debated extending long-term unemployment benefits. last week house mortgage leader nancy pelosi said any deal must include an extension but dick durbin said that is not the case. >> i don't think we've reached that point where we said this is it take it or leave it. what i hear from patty murray, i spoke to her the other night negotiations are making progress, moving in the right direction. >> congress has scheduled to begin its break this friday and not return until january the 7th. >>> well, a week after that deadly commuter train wreck in new york officials are upgrading signals. the new signals are expected to be up and running this morning. of course, four people were killed last sunday when a metro north train hit a stretch of track at nearly three times the speed limit. metro north now reducing the maximum speeds at 26 locations across the system. an attorney for the engineer op
and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and you'll get... the inside story ray suarez hosts inside story weekdays at 5 eastern only on al jazeera america >> and now, a techknow minute... >> al jazeera's investigative unit has tonight's exclusive report. >> stories that have impact... that make a difference... that open your world... >> this is what we do... >> america tonight weeknights 9et / 6pt only on al jazeera america [ ♪ music ] . >>> hi, guys, welcome back to "techknow." i'm here with rochelle, kyle and lindsay, i'm phil torres. >> this story is about how mush rooms will save the world. >> yes, i went to two guys who had a company and figured out a way to make an alternative packaging material out of biodegradeabl
becomes a revving economy andheir hometown. >> what about arriving that on a thursday?- daylight dachshund daylight thursday? thursday?ike time lapse.he but onw will be pleasant the cloudy side through the region tomorrow afternoon. lily perr sent in by en. a gorgeous pictures shared on our facebook page. we are in the 40's now with on unset. the winds light out of the southeast. that will be the mechanism to warm us up even more in the next couple of days. this is 56 and 41. 51 and 36 the averages just a year ago today. the record high as 71 at reagan national airport, not quite there today. chilly in the northeast but mild to the south and carolina center the mid-south. far enough west and did west, it is beyond cold. that airmass will chill and deepen and move eastward and sooner or later, we will have to deal with very cold temperatures again but not right yet. we will see the mild temperatures tomorrow and then a push of warm air ahead of the cold front wishing us into the middle 60's on thursday. and dragging in the cold front slowly moving across. after we get through friday, a lot
been helping the economy. >>> more problems for j.c. penney. the sec asking the struggling retailer for more information on a stock sale last september where it sold $932 million of new shares in an effort to help fund its turn around. and, let's talk cold, -- kohl's, there are several locations around the area. they're pulling out all the stops with heavy promotions to drum up sales. how to for the first time ever, they will stay open 6:00 p.m. christmas eve. >>> and, it is party time for manicism companies. more employers are throwing year-end bashes. >> thank you. >> we have a horrible story of animal callity to tell you about. >> a man accused of even killing them. we will have that still ahead on good morning, washington. it >> welcome back at 4:40. i know, this morning i almost went back inside and threw the coat on the couch. and he though it was a light coat, you certainly didn't need it. >> i was, like, why is it wet out here, did it rain? >> jacqui was telling you it was going to rain. >> i know. >> you did listen to nothing i said? >> i did, i just didn't know if it was c
is the economy creating? an ice storm causes havoc in the middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor
, thank you. >>> positive signs for our economy tonight. the country's job market is getting stronger. the nation's unemployment fell to 7% in november. the lowest level we have seen in five years. analysts say it's because of a surprising boost in payrolls. employers added 203,000 jobs last month. it's about 20,000 more jobs than analysts were expecting. the economy added jobs for four straight months. >> that news sent the stock market soaring today. the dow closing 198 points higher, over the 16,000 mark. there were concerns it fed would take action on bond purchases which kept interest rates low and supported the stock market. >>> the d.c. police chief faced the media with several officers under investigation. what we learned about an officer accused of taking nude pictures of a 15-year-old girl. >>> two men wanted for a home invasion. >> reporter: consultants told the gaming commission they need to go with mgm. part of the reason location location location. i'll explain and hear what the competitors have to say, coming up on news 4 at 6:00. ♪ and all the fun we
, thanks. >>> we want to turn to encour e encouraging news when it comes to the economy. the unemployment rate has turned to its lowest rate in five years. kristen welker has more. >> reporter: the economy added 203,000 jobs in november. surprising some economists say, especially in the wake of the government shutdown and they say it could be an indication the recovery is about to take off, despite the political gridlock here in the nation's capital. neil bloomen that is all launched up this eye store three years ago in new york. these days he sees signs the economy is recovering. >> we have more than doubled in sales and next year, we are planning to high about 150 people. >> reporter: that hiring trend reflects what is happening throughout the country with news friday that employers added more than 200,000 jobs for each of the last four months. in november, many were good paying jobs. 40,000 in education and health care. 27,000 manufacturing jobs added. 17,000 construction jobs. >> now we are getting consistent job reports plus 200 and that is positive and positive not only for the econ
investments, the dow speaks of 500 companies, mirrors the broad u.s. economy and right now with today's gain, 39th record close of the year. an average that is now on pace for 27% gain year to date. so not too shabby. meanwhile, the budget deadline is nearing and it's looking like any plan to attack the nation's debt is dead on arrival. everytime i have you here, you make a lot of sense. both sides, come on, guy, talk the talk and walk it, and they don't. what's the problem. >> it's interesting. they're actually beginning to hear us. you have a small budget agreement that is looming. >> what do you mean? >> very tiny. but they're understanding they cannot go back to the fiscal crisis. we cannot get ourselves in that position and they're feeling the pressure. >> so if they avoid that but they come through with no broad budget agreement on entitlements and kick that can down the road. for a guy looking at long-term getting our act together, get to to be disconcerting. >> absolutely is. we have to take small steps and hey have to demands of ourselves, not of them, but of our ourselves, don't ac
necessary to help our economy grow. that would make the right choices when it comes to how we fund the variety of things the boat -- government does. i do not have a rubber support on that except that we certainly agree with those republican leaders who have said since the debacle that they impose on the american economy ended, that they will not do that again. >> he came up and said that the shutdown was overcoming was while it happened again, and he said no. what is the white house doing to prevent that? >> again, i would refer you back to that experience./ we asked for nothing in return for keeping the government open. when itmade clear that comes to budget deal, to make a reasonable compromise to make sure that the economy grows faster, create more jobs for the middle class and it is more secure. that we make the kind of investments that help our, grown not just now but in the future. the only side in this ideological debate, or this debate that has been put forward as a copper has a plan that -- a copper has a plan that has included the development over the past couple of year
a time when this wasn't a big problem and we were in an economy where you could make it into the middle class. and some educators say that the passport to middle class used to be the high school diploma. but not anymore. there is a new economy and a new passport to middle class is education beyond high school. and girls seem to be getting at amboise lesson lasts. so i feel that that problem -- i cannot find major organizations or government groups and the department of education is still talking about the shortchange of this because they were deeply influenced by the early research that said the girls weren't shortchanged. so they haven't adjusted to the times. we have the white house counsel, women and girls, concerned about the education of girls so girls don't fall behind. and when it's boys, it's like they are significantly behind girls. so i think we need this as well. >> host: you write that women in the u.s. now earn 62% of the associate degrees and 57% of bachelors degrees and 60% of masters degrees and 52% of doctorates, college admissions officers, they were first baffled and
, the deficit that the president found. including a collapsing economy in 2007. he has had enormous problems. in the midst of that, he has by the country back up. we have increasing numbers of people employed and we have a functioning health care plan that is getting off the ground in terms of the launch. when we focus on all the problems, not to see what the president is actually a commission. it is easy to snap your fingers and have people look and not see what his other hand has been doing. unemployment is down, not all the way down, but it is getting there. basically, the economy is coming back. .e has done a remarkable job i can see things i would have had him do differently or talk more about or whatever. that overall we are in a much better position than we were when george bush left. twitteralthcare.gov's handle the white house has created tweeted this about half hour ago. 00 visits to healthcare.gov yesterday, site stable. what do you make of this? guest: sounds like progress to me. they are getting almost one million people a day coming in. between now and the first of the year, th
side as well, came out and said that is what happens, standard and poor's says the cost economy is $1 million, they just make those numbers up. is not true. wait a minute, standard and poor's is a different agency, they are moving out, that lenders out there and that does have an effect and you take the ordinary citizen and they're trying to decide what is in the best interest of their family or with you want to go in their country and having a hard time making decisions because we have a woman who works in montana, a wonderful friend who does a great job, three times week she comes across a bridge in the river quite wide eyed, you won't believe what i read on the internet. i always say the same thing. i am not going to believe what you read on the internet. >> we talked before hand, we fought to give you a sense of a very personal nature, what comes through in these letters is arthur was not only a preeminent historian, he would have two martinis and go back and write 5,000 words. what comes through with their he is having a dustup with nathaniel buckley or somebody else is the enorm
economy and efficient utilization of resources. as if change is providing stability, market access and regulatory treatment is critical maintaining the continued investment in the energy infrastructure. my testimony covers many actions to reflect the efforts to make adjustments around the new technologies and resources. i will be happy to answer any questions you have and help you in your oversight responsibilities of the agency. >> thank you. the next witness is mr. clark. >> mr. ranking member and members of the committee i am the newest members and i've had the opportunity to speak before you in a previous job but this is my first opportunity so thank you for the invitation to be here today. in my opinion this is something you referenced the biggest story today is the revolution that's taking place. probably the biggest story in decades and the flood of domestic gas has upended the utility planning model and market fundamentals and it is dramatically impacting where the utilities are putting their money in the build up of the grid. it's about 53% of the electricity produced with
of the economic news and what republicans are saying that obamacare will actually be hurting the economy as we get into 2014 and 2015. jon: well, one health care policy expert who was quoted in "the financial times" says it is tantamount to the decision consumers have to make when they buy a car. do you want a mercedes or want a chevy? if you want better health care you are in some circumstances able to pay for it but what if, you know, if these obamacare plans won't let these patients access some of the better hospitals, what are they supposed to do? >> oh, i think there will be a lot of people upset, whether cancer consumer groups or patient groups. they will be making the case for changes to the law. as you know, jon, that will be very hard to do with such a partisan law. so i think the consequences we're seeing whether on cost, high deductibles, whether it is on premiums, that's something that will be very, very hard to fix because there is a limit of what the administration can do administratively. a lot of republicans saying that he already gone too far, the president has gone too far on tho
to the economy. sounds like good news, but some economists say the numbers mask a pervasive problem just beneath the surface. record high unemployment among young americans. put these numbers into context, economist in the university of maryland business professor is here with us. good morning. >> good morning. >> so these numbers are being trumpeted all around by the president's supporters on various broadcasts we did yesterday as great news, but you say they're not what they appear to be. why? >> well, simply, the quality of jobs are not very good and most young people really are having a terrible time getting started in careers. you know, college graduates are still working at starbucks and the like, and we have a lot of college graduates who are really graduate students, not learning very much, because they can't find a job. piling up a lot of debt and so forth. >> so at what point is this assumption that every person needs to go a four-year college and then get a graduate degree going to fold under the weight of the counterevidence maybe it's smarter to join the work force earlier? >> i thi
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